Apple iwatch to launch in third quarter of 2014 and comes with average price tag of $199

Taiwanese firm inventec will be major supplier of Apple iWatch,as 60% of order allocation goes to Firm said Taiwan daily.the sources also said that wearable device will be launched in 3rd Quarter of 2014 and expected shipments of device will be around 63.4 million in 2014.

The expected price of device will be around $199 which is a very good price and consumers will purchase this device to replace their iPods.

The iWatch orders from Apple to contribute about 19% of inventec profits in 2014.A lot of competition will be seen in this sector as all major manufacturers Google,Microsoft,Samsung,LG and Sony racing to develop Smartwatch. 

Apple iWatch may be delayed untill late 2014

According to Financial Times the release of Apple iWatch may be postponed to late 2014 due to the complications in development of device.

Apple has also looking for smaller firms which has expertise on connected devices and also starts hiring new engineers for the production of iWatch.This clearly indicates that Apple's engineers are unable to develop wearable technology.

Just a week ago,Apple hired Paul deneve Former CEO of Yves Saint Laurent to work on special projects which according to speculation is the development of iWatch and other wearable technologies.

Apple has already started filling trademark applications for iWatch in various countries

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